From: "Geo" 

"Phil Payne"  wrote in
message news:44b8f094{at}w3.nls.net...
>
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/07/14/cnusa14.xml&m
enuId=242&sSheet=/money/2006/07/14/ixcity.html

A ballooning budget deficit and a pensions and welfare timebomb could send
the economic superpower into insolvency, according to research by Professor
Laurence Kotlikoff for the Federal Reserve Bank of St Louis, a leading
constituent of the US Federal Reserve.

Prof Kotlikoff said that, by some measures, the US is already bankrupt.
"To paraphrase the Oxford English Dictionary, is the United States at
the end of its resources, exhausted, stripped bare, destitute, bereft,
wanting in property, or wrecked in consequence of failure to pay its
creditors," he asked.

===========

What kind of BS article is this anyway? They throw names like Federal
Reserve Bank around like the guy actually works there or something then
instead of stating facts they use a sensational question type statement?

This is the UK version of one of our gossip rags?

Geo.

--- BBBS/NT v4.01 Flag-5